1036 Jim Day Rd Salem, IN 47167-7217
This exceptional 14.51-acre commercial property presents a rare development opportunity in Salem, Indiana. Boasting a highly desirable B-2 zoning classification, this expansive site is ready for immediate development. The property benefits from abundant road frontage on a state road and a county road within the business district, ensuring high visibility and continuous traffic flow. Easy access and egress points further enhance its appeal. All city utilities are readily available, simplifying the development process and minimizing infrastructure costs. The seller is willing to divide the land into smaller tracts, catering to a range of development projects and investment strategies. This presents a unique chance to capitalize on Salem's thriving commercial sector. The significant size of this parcel, combined with its prime location and convenient access to city amenities, makes this a truly exceptional investment opportunity. Don't miss this chance to secure a substantial piece of Salem's commercial landscape. Contact us today to explore the possibilities and discuss your vision for this remarkable property. Immediate possession is available.
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Day Farm Food Processing Plant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.